Citizens Jmp Begins Coverage on Vail Resorts (NYSE:MTN)

Key Points

• Citizens JMP initiated coverage of Vail Resorts with a “Market Perform” rating. The broader analyst consensus is also “Hold,” with an average price target of $150.
• Analyst sentiment is mixed: five firms rate the stock a Buy, nine a Hold and three a Sell, while several brokerages recently lowered their price targets.
• Vail Resorts slightly exceeded quarterly expectations, reporting an adjusted loss of $5.34 per share and revenue of $278.07 million; institutional investors own approximately 94.9% of the company.

Analysts at Citizens Jmp began coverage on shares of Vail Resorts (NYSE:MTN - Get Free Report) in a research note issued on Thursday, Briefing.com reports. The brokerage set a "market perform" rating on the stock.

A number of other equities analysts also recently weighed in on MTN. BNP Paribas Exane downgraded Vail Resorts from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $151.00 to $135.00 in a research report on Monday, September 21st. Barclays cut their price objective on Vail Resorts from $119.00 to $117.00 and set an "underweight" rating for the company in a research report on Tuesday, September 29th. Jefferies Financial Group restated a "buy" rating and issued a $162.00 price target on shares of Vail Resorts in a research note on Tuesday, September 29th. Deutsche Bank Aktiengesellschaft cut their price target on Vail Resorts from $138.00 to $132.00 and set a "hold" rating for the company in a report on Tuesday, September 29th. Finally, Truist Financial reduced their price objective on shares of Vail Resorts from $195.00 to $191.00 and set a "buy" rating for the company in a research report on Tuesday, September 29th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Vail Resorts has a consensus rating of "Hold" and an average target price of $150.00.

Vail Resorts Stock Down 2.0%

Shares of Vail Resorts stock opened at $149.45 on Thursday. The company has a market capitalization of $5.32 billion, a P/E ratio of 36.10, a price-to-earnings-growth ratio of 11.20 and a beta of 0.76. The company has a debt-to-equity ratio of 5.57, a current ratio of 0.80 and a quick ratio of 0.68. The business has a 50-day moving average of $142.50 and a two-hundred day moving average of $137.78. Vail Resorts has a 1 year low of $118.51 and a 1 year high of $163.34.

Vail Resorts (NYSE:MTN - Get Free Report) last issued its quarterly earnings results on Monday, September 28th. The company reported ($5.34) EPS for the quarter, beating analysts' consensus estimates of ($5.35) by $0.01. Vail Resorts had a return on equity of 22.82% and a net margin of 5.20%. The company had revenue of $278.07 million for the quarter, compared to analyst estimates of $269.30 million. During the same period in the previous year, the company posted ($5.08) earnings per share. The company's quarterly revenue was up 2.5% compared to the same quarter last year. As a group, equities analysts predict that Vail Resorts will post 5.52 EPS for the current year.

Institutional Trading of Vail Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of MTN. Bamco Inc. NY bought a new position in Vail Resorts in the 2nd quarter valued at approximately $889,971,000. BlackRock Inc. bought a new stake in Vail Resorts during the 2nd quarter worth approximately $464,712,000. The Manufacturers Life Insurance Company bought a new stake in Vail Resorts during the 2nd quarter worth approximately $131,418,000. Corient Private Wealth LP acquired a new position in Vail Resorts in the 2nd quarter valued at approximately $55,443,000. Finally, Bank of New York Mellon Corp acquired a new position in Vail Resorts in the 2nd quarter valued at approximately $49,749,000. Institutional investors own 94.90% of the company's stock.

Vail Resorts News Summary

Here are the key news stories impacting Vail Resorts this week:

• Positive Sentiment: Ladenburg Thalmann initiated coverage with a “Buy” rating and a $192 price target, implying substantial upside from the stock’s recent trading level. This is a favorable counterpoint to the recent estimate cuts. Ladenburg Thalmann coverage
• Positive Sentiment: Zacks Research raised its Q2 2028 EPS estimate to $6.33 from $6.23, while its longer-range forecasts still point to seasonal earnings strength, including $10.44 EPS for Q3 2028. Separately, research coverage continues to evaluate MTN as a potential value opportunity relative to other leisure stocks. LTH versus MTN value analysis
• Neutral Sentiment: A sector comparison highlights the differing risks of leisure dividends. Vail’s results remain sensitive to snowfall, skier visits and consumer spending, while its substantial leverage and seasonal cash flows are important considerations for income-focused investors. Vail Resorts versus Host Hotels comparison
• Negative Sentiment: Zacks cut its FY2027 EPS forecast to $5.18 from $5.92 and reduced its FY2028 forecast to $6.05 from $6.42. It also lowered estimates for Q1 2027, Q4 2027, Q3 2028 and Q4 2028, although the firm maintained a “Hold” rating. Zacks earnings forecast for Vail Resorts
• Negative Sentiment: The revisions reinforce concerns that Vail Resorts’ earnings outlook is weakening despite its recent results beating quarterly revenue and EPS expectations. With the stock trading at a relatively elevated valuation and carrying significant debt, lower profit forecasts can pressure investor confidence.

Vail Resorts Company Profile

Vail Resorts, Inc is a mountain resort operator that owns and manages destination ski and summer resorts, regional ski areas, hotels and other hospitality businesses. Its operations are designed to serve visitors throughout the year, with activities including skiing, snowboarding, hiking, mountain biking, lodging, dining, retail and other resort experiences.

The company's portfolio includes well-known resorts such as Vail, Beaver Creek, Breckenridge, Keystone, Park City, Whistler Blackcomb and Stowe in North America, as well as Perisher, Falls Creek and Hotham in Australia.

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